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ARTICLE · 05 OCTOBER 2023

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Herrington Carmichael LLP
Herrington Carmichael LLP
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Herrington Carmichael LLP

Herrington Carmichael LLP

The origins of the practice can be traced back over 180 years in Wokingham and 150 in Aldershot. It...

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The new requirements coming into force at Companies House. With the Economic Crime and Corporate Transparency Bill (ECCT) set to receive Royal Assent in Q4 2023, Companies registered in the UK...

United KingdomCorporate/Commercial Law
Alex Celik
Alex Celik
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The new requirements coming into force at Companies House.

With the Economic Crime and Corporate Transparency Bill (ECCT) set to receive Royal Assent in Q4 2023, Companies registered in the UK are advised to prepare for a host of new requirements, amounting to the biggest upgrade to Companies House since its formation.

The Bill is the latest measure in the fight against economic crime and the push for corporate transparency. Key changes will include a greatly improved and empowered Registrar of Companies, with the objective of it becoming the custodian of more reliable data. Rather than its current form in which data can often be wildly inaccurate or out of date, Companies House 2.0 will be an active gatekeeper, removing and annotating where it believes data is unverified or inaccurate.

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